Allowances and Reimbursements
Members Only
An allowance is a payment of a definite predeterminded amount to cover an estimated expense. It is paid regardless of whether the employee incurs the expected expense. The employee has the discretion whether or not to expend the allowance.
A payment is a reimbursement if the employee is compensated exactly for all or an agreed part of an expense already incurred, although not necessarily disbursed.
This information is available to members only if you are a member please sign in otherwise contact NECA Victoria to speak about membership.
